Albuquerque Homes, Real Estate, For Sale, Foothills South

Adobe Home

Albuquerque Homes, Real Estate, For Sale, Foothills South

Foothills South is located east of Tramway to the Sandia Mountains, South of Montgomery, North of I 40.

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The www.nmalbuquerquehomes.com web site provides Albuquerque, Rio Rancho, Corrales, Placitas, Sandia Heights, North Albuquerque Acres, Albuquerque Acres West, Far Northeast Heights, High Desert, Glenwood Hills,  UNM, Uptown, Four Hills, Fairgrounds, Southeast Heights,  Downtown Albuquerque, South Valley, North Valley, Northwest Heights, Taylor Ranch,  Ladera Heights, Paradise Hills, Ventana Ranch, Cabezon, East Mountains, and Socorro New Mexico real estate listings and resources for home owners, home buyers and real estate investors through the process of buying and selling homes.  This website provides a listing of Albuquerque  bank owned homes, Albuquerque foreclosures, Rio Rancho bank owned homes, and Rio Rancho foreclosures for real estate investors or anyone looking for a great deal.  This site offers home buyers and sellers the opportunity to request a home valuation free of charge and allows home buyers and home sellers to view active homes listed on the Southwest Multiple Listing Service.  We also work closely with many new home builders in the area

Far Northeast Heights, Albuquerque Homes, Real Estate For Sale

Abluquerque Home

Far Northeast Heights, Albuquerque Homes, Real Estate

The far northeast heights is area 30 and is located east of Wyoming, South of Paseo Del Norte/San Antonio, west of Tramway, and north of Montgomery.

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The www.nmalbuquerquehomes.com web site provides Albuquerque, Rio Rancho, Corrales, Placitas, Sandia Heights, North Albuquerque Acres, Albuquerque Acres West, Far Northeast Heights, High Desert, Glenwood Hills,  UNM, Uptown, Four Hills, Fairgrounds, Southeast Heights,  Downtown Albuquerque, South Valley, North Valley, Northwest Heights, Taylor Ranch,  Ladera Heights, Paradise Hills, Ventana Ranch, Cabezon, East Mountains, and Socorro New Mexico real estate listings and resources for home owners, home buyers and real estate investors through the process of buying and selling homes.  This website provides a listing of Albuquerque  bank owned homes, Albuquerque foreclosures, Rio Rancho bank owned homes, and Rio Rancho foreclosures for real estate investors or anyone looking for a great deal.  This site offers home buyers and sellers the opportunity to request a home valuation free of charge and allows home buyers and home sellers to view active homes listed on the Southwest Multiple Listing Service.  We also work closely with many new home builders in the area.

UNM South Homes, Real Estate, For Sale

Colorful Door

UNM Homes Real Estate For Sale, Albuquerque NM

The University of New Mexico is New Mexico’s largest state college and occupies 600 acres of land in Albuquerque. Several UNM programs rank as some of the best in the country. Highlights are the School of Medicine, Mechanical Engineering, and the Music and Dance programs. UNM Athletics, especially basketball and The Pit are extremely popular with Albuquerque sports fans.  The Isotopes Minor league baseball team play at the newer Isotopes Park and this is a great facility and the game prices are fairly inexpensive and are a great way to entertain the entire family. Central New Mexico Community College which has excellent facilities and programs is also located in the UNM area.  UNM South is area 42 and is located east of I25, south of Central, West of San Mateo, and north of Kirtland Air Force Base.

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UNM South Subdivisions

Aliso II Nob Hill Buena Vista Heights Clayton
Clayton Heights Eagle Nest Eagles Nest Condominiums
Granada Heights Kirtland Kirtland Addition
Knob Heights Loma Linda Mesa Court
Mesa Grande Condominiums Monterrey Hills Nob Hill
Parkland Hills Ridgecrest Silver Street Townhomes
Sunset Heights Terrace Park Terrace Park Addition
University Crossing University Heights University Heights Addition
Victory Victory Addition Victory Hills
Yearouts    

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The www.nmalbuquerquehomes.com web site provides Albuquerque, Rio Rancho, Corrales, Placitas, Sandia Heights, North Albuquerque Acres, Albuquerque Acres West, Far Northeast Heights, High Desert, Glenwood Hills,  UNM, Uptown, Four Hills, Fairgrounds, Southeast Heights,  Downtown Albuquerque, South Valley, North Valley, Northwest Heights, Taylor Ranch,  Ladera Heights, Paradise Hills, Ventana Ranch, Cabezon, East Mountains, and Socorro New Mexico real estate listings and resources for home owners, home buyers and real estate investors through the process of buying and selling homes.  This website provides a listing of Albuquerque  bank owned homes, Albuquerque foreclosures, Rio Rancho bank owned homes, and Rio Rancho foreclosures for real estate investors or anyone looking for a great deal.  This site offers home buyers and sellers the opportunity to request a home valuation free of charge and allows home buyers and home sellers to view active homes listed on the Southwest Multiple Listing Service.  We also work closely with many new home builders in the area.

February 2011 Market Stats Albuquerque & Rio Rancho Homes

PAA-KO Ridge Golf Course

Monthly Market Stats for Albuquerque & Rio Rancho Homes

Albuquerque and Rio Rancho Real Estate Market Overview

This report is a summary of the monthly market statistics for the Albuquerque Metro real estate market.  Please click on the following link, Contact Us For All Your Real Estate Needs, complete the required fields and request a free copy of the entire monthly report in the message box.

February market data compared on a year over year basis brings some positive news for the Albuquerque market and more bad news for the Rio Rancho market.  My charts at the bottom of this report have key data in red and green, Green is good for the market, Red is bad.  February’s year over year comparison for the Albuquerque market shows an improvement in closed sales, median prices, and average prices, only days on market were negative compared to 2010.   On the other hand Rio Rancho had negative trends in closed sales, average prices, median prices and days on market.  This is the second month in a row with Rio Rancho experiencing large decreases in both average and median sales prices.  Rio Rancho average sales price was down by 10.95% in January and down 14.66% in February compared to last year prices.  Rio Rancho median sales price were down by 2.84% in January and down 12.06% in February compared to last year prices.  I stated in last months report that I thought the Rio Rancho declines could be an anomaly.  With two months of negative data, this may not be an anomaly.  Home buyers are coming out of hibernation and this is certainly driving the market in a positive way in the Albuquerque market, not so in Rio Rancho.  March has been a very strong month in the past and I expect March numbers will be an improvement over last year.  Now is the time to get your home on the market if you plan to sell your home this year.  I am offering a 15% discount on my listing fees for anyone that signs a listing agreement in the month of March.  Home builders are stepping slowly back into the market and I have seen several new homes under construction.  This is certainly a sign we are at the beginning of a housing recovery.  However, there is still a pipeline full of foreclosures still to hit the market.  As you may have read, the big banks have halted or slowed down their foreclosure operations as a result of allegations of fraud against the banks.  The banks are reviewing their processes and refining their procedures.  This means there are many foreclosures that will hit the market after the banks ramp up their foreclosure operations.  This will certainly have a negative impact on the market.  However, we need these foreclosures to hit the market and get sold before the housing recovery can really kick into high gear.

 Monthly Market update for Albuquerque Homes

The total number of single family detached Albuquerque homes sold in February 2011 increased by 13.13% compared to February 2010.  Actual number of single family detached Albuquerque homes sold in February 2011 is 293 compared to 259 in February 2010.

The median price for single family detached Albuquerque homes in February 2011 increased by 3.55% compared to February 2010.  Actual median price for single family detached Albuquerque homes sold in February 2011 is $175,000 compared to $169,000 in February 2010.

The average price for single family detached Albuquerque homes in February 2011 increased by 13.19% from February 2010.  Actual average price for single family detached Albuquerque homes sold in February 2011 is $228,291 compared to $201,686 in February 2010.

The total number of active listings for single family detached Albuquerque homes in February 2011 decreased by 3.65% compared to February 2010.  Total active detached single family Albuquerque homes listed in February 2011 is 2,960 compared to 3,072 in February 2010.

The average days on market for single family detached Albuquerque homes in February 2011 increased by 12.99% from February 2010.  Actual average days on market for single family detached Albuquerque homes listed in February 2011 is 87 days compared to 77 days in February 2010.

 Monthly Market update for Rio Rancho Homes

The total number of single family detached Rio Ranch homes sold in February 2011 decreased by 14.29% compared to February 2010.  Actual number of single family detached Rio Rancho homes sold in February 2011 is 60 versus 70 in February 2010.

The median price for single family detached Rio Rancho homes in February 2011 decreased by 12.06% compared to February 2010.  Actual median price for single family detached Rio Rancho homes sold in February 2011 is $155,000 compared to $176,250 in February 2010.

The average price for single family detached Rio Rancho homes in February 2011 decreased by 14.66% from February 2010.  Actual average price for single family detached Rio Rancho homes sold in February 2011 is $172,456 compared to $202,088 in February 2010.

The total number active listings for single family detached Rio Rancho homes in February 2011 increased by 1.14% compared to February 2010.  Total number of active detached single family Rio Rancho homes listed in February 2011 is 798 compared to 789 in February 2010.

The average days on market for single family detached Rio Rancho homes in February 2011 increased by 20.27% from February 2010.  Actual average days on market for single family detached Rio Rancho homes listed in February 2011 is 89 days compared to 74 days in February 2010.

 For those of you that prefer to see the data in a table format I have provided that format below.  Green numbers are positive trends and red numbers are negative trends.

SALES VOLUME, NUMBER OF HOMES SOLD

Area Name MLS Area February 2010 February 2011 Increase (Decrease)
Albuquerque

10 – 121

259

293

13.13%

Rio Rancho

140 – 162

70

60

(14.29%)

 

MEDIAN PRICE OF HOMES

Area Name

MLS Area

February 2010

February 2011

Increase (Decrease)
Albuquerque

10 – 121

$169,000

$175,000

3.55%

Rio Rancho

140 – 162

$176,250

$155,000

(12.06%)

 

AVERAGE PRICE OF HOMES

Area Name

MLS Area

February 2010

February 2011

Increase (Decrease)
Albuquerque

10 – 121

$201.686

$228,291

13.19%

Rio Rancho

140 – 162

$202,088

$172,456

(14.66%)

 

AVERAGE DAYS ON MARKET

Area Name

MLS Area

February 2010

February 2011

Increase (Decrease)
Albuquerque

10 – 121

77

87

12.99%

Rio Rancho

140 – 162

74

89

20.27%

 

10123 Corral Gate SW, Albuquerque, Owner Financing

697029_19

Albuquerque Homes, Owner Financing

SOLD

AlbuquerqueHomes, Property Details

Listing Price: $169,900
Address: 10123 Corral Gate SW
City: Albuquuerque
State: NM
ZIP: 87121
Avaialbility: Day of Funding
Listing Agent: John Myers
MLS #: 705080
Square Feet: 3093
Bedrooms: 3
Bathrooms: 3
Lot Size: 4792 sf
Subdivision: Sun Gate
Listing Office: Home Authority

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Owner Financing on this newer 3 bedroom DR Horton home with a loft.  Owners have taken care of this home and it is in excellent condition.  Down Payment of 10% and mothly PITI payments of approximately $1200.  Three bedrooms with a nice sized lot.  Refrigerator, washer, dryer, ceiling fans, and window coverings all stay.

AlbuquerqueHomes, Property Slideshow

 

AlbuquerqueHomes, Property Map

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The www.nmalbuquerquehomes.com web site provides Albuquerque, Rio Rancho, Corrales, Placitas, Sandia Heights, North Albuquerque Acres, Albuquerque Acres West, Far Northeast Heights, High Desert, Glenwood Hills,  UNM, Uptown, Four Hills, Fairgrounds, Southeast Heights,  Downtown Albuquerque, South Valley, North Valley, Northwest Heights, Taylor Ranch,  Ladera Heights, Paradise Hills, Ventana Ranch, Cabezon, East Mountains, and Socorro New Mexico real estate listings and resources for home owners, home buyers and real estate investors through the process of buying and selling homes.  This website provides a listing of Albuquerque  bank owned homes, Albuquerque foreclosures, Rio Rancho bank owned homes, and Rio Rancho foreclosures for real estate investors or anyone looking for a great deal.  This site offers home buyers and sellers the opportunity to request a home valuation free of charge and allows home buyers and home sellers to view active homes listed on the Southwest Multiple Listing Service

UNM Homes, Real Estate, Land, Foreclosures, For Sale

soythwest-home-3

UNM, Albuquerque, Homes, Real Estate, For Sale

The University of New Mexico is New Mexico’s largest state college and occupies 600 acres of land in Albuquerque. Several UNM programs rank as some of the best in the country. Highlights are the School of Medicine, Mechanical Engineering, and the Music and Dance programs. UNM Athletics, especially basketball and The Pit are extremely popular with Albuquerque sports fans.  The Isotopes Minor league baseball team play at the newer Isotopes Park and this is a great facility and the game prices are fairly inexpensive and are a great way to entertain the entire family. Central New Mexico Community College which has excellent facilities and programs is also located in the UNM area.  UNM is area 40 and is located east of I25, south of I40, west of San Mateo, and north of Central.

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UNM Subdivisions

Altura Altura Addition Altura Village
Altura Vista Broadmoor College View
Darthmouth Dartmouth Condominiums Haines Park
Heights Reservoir Hill & Hendreu John Hills
La Hacienda La Resolana Las Alturas
Lobo Addition Loma Vista Lunada
McDuffie Place Miracerros Monte Vista
Neats Park Netherwood Park Nob Hill
OSullivans Pace Pueblo Alto
Ridge Park Rourkes Smith Sandia Hills
Sunrise Terrace Sunset Terrace That Place on Dartmouth
UNM Campus Vista Larga Wolters

 

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The www.nmalbuquerquehomes.com web site provides Albuquerque, Rio Rancho, Corrales, Placitas, Sandia Heights, North Albuquerque Acres, Albuquerque Acres West, Far Northeast Heights, High Desert, Glenwood Hills,  UNM, Uptown, Four Hills, Fairgrounds, Southeast Heights,  Downtown Albuquerque, South Valley, North Valley, Northwest Heights, Taylor Ranch,  Ladera Heights, Paradise Hills, Ventana Ranch, Cabezon, East Mountains, and Socorro New Mexico real estate listings and resources for home owners, home buyers and real estate investors through the process of buying and selling homes.  This website provides a listing of Albuquerque  bank owned homes, Albuquerque foreclosures, Rio Rancho bank owned homes, and Rio Rancho foreclosures for real estate investors or anyone looking for a great deal.  This site offers home buyers and sellers the opportunity to request a home valuation free of charge and allows home buyers and home sellers to view active homes listed on the Southwest Multiple Listing Service.  We also work closely with many new home builders in the area.

January 2011 Market Stats For Albuquerque & Rio Rancho Homes

Adobe Home

Monthly Market Stats for Albuquerque & Rio Rancho Homes

Albuquerque and Rio Rancho Real Estate Market Overview

This report is a summary of the monthly market statistics for the Albuquerque Metro real estate market.  Please click on the following link, Contact Us For All Your Real Estate Needs, complete the required fields and request a free copy of the entire monthly report in the message box.

January market data compared on a year over year basis brings some positive news and some potentially bad news.  My charts at the bottom of this report have key data in red and green, Green is good for the market, Red is bad.  January’s year over year comparison is an improvement over December 2010.  There was some good news for January; sales volume in Albuquerque and Rio Rancho increased by 5.81% and 8.77% respectively, Rio Rancho days on market also decreased significantly by 32.97%.  On the downside the average and median prices for Albuquerque and Rio Rancho is down.  In fact Rio Rancho average sales price was down by 10.95%.  I think this is a one month anomaly and should correct next month.  This report is out a little late and it is now early March and the weather has been very nice for the last week.  Home buyers come out of hibernation this time of year and this is the time of year to put your house on the market if you are considering selling.   There is some good news on the unemployment rate on the national scene.  In my opinion, the housing market will recover after the employment situation improves.  The housing crises began as result of bad loans to people that could not afford their homes, low or no down payment loans, and subprime loans.  A significant rise in unemployment and many good families lost their homes because they were unemployed and could not make their payments.  If the unemployment rate continues to decline to a more normal rate, we will see an improvement in the real estate market.  I am very positive the real estate market will improve in the long term and buyers in today’s market will be rewarded in the long term.  I have actually read a few articles by “experts” that feel this may be the best time ever to buy a home because of the low prices and low interest rates.  In many cases, it is better to buy than to rent.

 

Monthly Market update for Albuquerque Homes

The total number of single family detached Albuquerque homes sold in January 2011 increased by 5.81% compared to January 2010.  Actual number of single family detached Albuquerque homes sold in January 2011 is 255 compared to 241 in January 2010.

The median price for single family detached Albuquerque homes in January 2011 decreased by 1.15% compared to January 2010.  Actual median price for single family detached Albuquerque homes sold in January 2011 is $172,000 compared to $174,000 in January 2010.

The average price for single family detached Albuquerque homes in January 2011 decreased by 1.62% from January 2010.  Actual average price for single family detached Albuquerque homes sold in January 2011 is $201,758 compared to $205,077 in January 2010.

The total number of active listings for single family detached Albuquerque homes in January 2011 increased by .79% compared to January 2010.  Total active detached single family Albuquerque homes listed in January 2011 increased to 2,942 compared to 2,919 in January 2010.

The average days on market for single family detached Albuquerque homes in January 2011 increased by 5.19% from January 2010.  Actual average days on market for single family detached Albuquerque homes listed in January 2011 is 81 days compared to 77 days in January 2010.

 

Monthly Market update for Rio Rancho Homes

The total number of single family detached Rio Ranch homes sold in January 2011 increased by 8.77% compared to January 2010.  Actual number of single family detached Rio Rancho homes sold in January 2011 is 62 versus 57 in January 2010.

The median price for single family detached Rio Rancho homes in January 2011 decreased by 2.84% compared to January 2010.  Actual median price for single family detached Rio Rancho homes sold in January 2011 is $158,280 compared to $162,905 in January 2010.

The average price for single family detached Rio Rancho homes in January 2011 decreased by 10.95% from January 2010.  Actual average price for single family detached Rio Rancho homes sold in January 2011 is $170,015 compared to $190,917 in January 2010.

The total number active listings for single family detached Rio Rancho homes in January 2011 increased by 3.44% compared to January 2010.  Total number of active detached single family Rio Rancho homes listed in January 2011 increased to 813 compared to 786 in January 2010.

The average days on market for single family detached Rio Rancho homes in January 2011 decreased by 32.97% from January 2010.  Actual average days on market for single family detached Rio Rancho homes listed in January 2011 is 61 days compared to 91 days in January 2010.

 

For those of you that prefer to see the data in a table format I have provided that format below.  Green numbers are positive trends and red numbers are negative trends.

SALES VOLUME, NUMBER OF HOMES SOLD

Area Name

MLS Area

January 2010

January 2011

Increase (Decrease)

Albuquerque

10 – 121

241

255

5.81%
Rio Rancho

140 – 162

57

62

8.77%

 

MEDIAN PRICE OF HOMES

Area Name

MLS Area

January 2010

January 2011

Increase (Decrease)

Albuquerque

10 – 121

$174,000 $172,000 (1.15%)
Rio Rancho

140 – 162

$162,905

$158,280

(2.84%)

 

AVERAGE PRICE OF HOMES

Area Name

MLS Area

January 2010

January 2011

Increase (Decrease)

Albuquerque

10 – 121

$205,077

$201,758

(1.62%)
Rio Rancho

140 – 162

$190,917

$170,015

(10.95%)

 

AVERAGE DAYS ON MARKET

Area Name

MLS Area

January 2010

January 2011 Increase (Decrease)
Albuquerque

10 – 121

77

81

5.19%
Rio Rancho

140 – 162

91

91

(32.97)%

Albuquerque Acres West, Luxury Homes, Land, Real Estate For Sale

Abluquerque Home

Albuquerque Acres West, Homes, Real Estate, Land, For Sale 

Albuquerque Acres West is the west end of North Albuquerque Acres with a combination of 1 acre lots, 1/4 acre lots, and typical subdivision lots.  Contiguous one acre lots were purchased by developers and subdivided into typical residential lots.  Homes in Albuquerque Acres West are very nice homes located in the highly desirable La Cueva High School District.  Albuquerque Acres West is bounded by Tramway on the north, Ventura on the east, Paseo Del Norte on the south, and I-25 on the west.

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Albuquerque Acres West Subdivisions

Carmel Carrington Coppell
Desert Ridge Trails Desert Ridge Desert Ridge Place
Desert Ridge Plaza Desert Ridge Trails East Desert Vista
Eagle Point Eagle Rock Eagle Rock Estates
Eagle Spring Estates at Desert Ridge Falcon Ridge
La Cueva Corona La Cueva Estate La Cueva Estates
La Cueva Tierra La Cueva Village Mountain Trail
Nor Este Nor Este Estates Nor Este Manor
North Albuquerque Acres Oakland Estates Oakland Heights
Oakland North Oakland South Quivera Estates
Sandia Sunrise Sonora Stone Brook Estates
Tierra La Cueva Tierra Morena Trementina Oeste
Vineyard Estates Vista Del Aguila  

 

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The www.nmalbuquerquehomes.com web site provides Albuquerque, Rio Rancho, Corrales, Placitas, Sandia Heights, North Albuquerque Acres, Albuquerque Acres West, Far Northeast Heights, High Desert, Glenwood Hills,  UNM, Uptown, Four Hills, Fairgrounds, Southeast Heights,  Downtown Albuquerque, South Valley, North Valley, Northwest Heights, Taylor Ranch,  Ladera Heights, Paradise Hills, Ventana Ranch, Cabezon, East Mountains, and Socorro New Mexico real estate listings and resources for home owners, home buyers and real estate investors through the process of buying and selling homes.  This website provides a listing of Albuquerque  bank owned homes, Albuquerque foreclosures, Rio Rancho bank owned homes, and Rio Rancho foreclosures for real estate investors or anyone looking for a great deal.  This site offers home buyers and sellers the opportunity to request a home valuation free of charge and allows home buyers and home sellers to view active homes listed on the Southwest Multiple Listing Service.  We also work closely with many new home builders in the area.

7329 Tree Line, Albuquerque Homes, Real Estate, Foreclosures

7239-tree-line-albuquerque-new-mexico-homes

Albuquerque Foreclosures, Bank Owned Homes

SOLD

Albuquerque Foreclosures, Property Details

Listing Price: $164,500
Address: 7239 TREE LINE Ave NW
City: Albuquerque
State: New Mexico
ZIP: 87114
Avaialbility: Day of Funding
Listing Agent: Melinda Baisa
MLS #: 698637
Square Feet: 2200
Bedrooms: 4
Bathrooms: 3
Lot Size: 4356 sf
Subdivision: Trails
Listing Office: Real Living Premier Realtors

Move in with instant equity and the mortgage may be cheaper than rent.  Let’s go steal this one.  Sold AS-IS with all its’ faults.  Excellent price! Come take a look at this nice home.  Home features 4 bedrooms, double sinks in master and hall bath, formal dining room, huge living room, breakfast nook, 3 car garage.  Albuquerque Foreclosures & Bank owned homes are a good way to buy homes below market value!!  Let’s go stal this one, it won’t last long at this price.

Albuquerque Foreclosures, Property Slideshow

Albuquerque NM Foreclosures, Property Map

Click Here to View Albuquerque Foreclosures & Albuquerque Bank Owned Homes

Click Here to View Rio Rancho Foreclosures & Rio Rancho Bank Owned Homes

Contact Us For All Your Real Estate Needs

Click Here For a Free Home Valuation Request

The www.nmalbuquerquehomes.com web site provides Albuquerque, Rio Rancho, Corrales, Placitas, Sandia Heights, North Albuquerque Acres, Albuquerque Acres West, Far Northeast Heights, High Desert, Glenwood Hills,  UNM, Uptown, Four Hills, Fairgrounds, Southeast Heights,  Downtown Albuquerque, South Valley, North Valley, Northwest Heights, Taylor Ranch,  Ladera Heights, Paradise Hills, Ventana Ranch, Cabezon, East Mountains, and Socorro New Mexico real estate listings and resources for home owners, home buyers and real estate investors through the process of buying and selling homes.  This website provides a listing of Albuquerque  bank owned homes, Albuquerque foreclosures, Rio Rancho bank owned homes, and Rio Rancho foreclosures for real estate investors or anyone looking for a great deal.  This site offers home buyers and sellers the opportunity to request a home valuation free of charge and allows home buyers and home sellers to view active homes listed on the Southwest Multiple Listing Service.  We also work with most new home builders.


John Myers, Associate Broker
Home Authority
3621 Wyoming NE, Albuquerque NM 87111

505-401-7500 cell
505-898-9000 office
505-899-2479 fax

nmalbuquerquehomes@gmail.com

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